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13 Holdings misses deadline to open Macau luxury hotel

Hotel opening was a condition of HK$3b bank loan

Tue, Aug 01, 2017 - 5:50 AM

Hong Kong

13 HOLDINGS Ltd missed a Monday deadline to open its luxury hotel in Macau, a condition of a HK$3 billion (S$521 million) loan from Bank of Communications Co for the gaming project just off the Cotai strip, according to people familiar with the matter.